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Polymer-Modified Cementitious Mortar Market Size, Share & Industry Analysis, By Type (Homo Complex, Copolymer, Others), By Application (Manual, Spraying, Pouring, Others), By End-Use (Residential Buildings, Commercial Buildings, Others ) And Regional Forecast 2023-2030

Region : Global | Report ID: FBI105286 | Status : Ongoing



Polymer modified cementitious mortar is a paste, which is created from the admixture of water, cement, and sand. The main purpose of mortar is to fill the gaps between the blocks and bricks in the masonry construction. It is available in the homo complex and copolymer categories. Moreover, the polymer-modified cementitious mortar offers tensile or flexural strength, enhance adhesion, toughness, and helps to improve the workability. It is also resistant to water, temperature, and chemicals. The product finds its use in manual, spraying, and pouring applications, which are further utilized in the residential and commercial buildings.   

The rapid growth in the construction industry is attributed to the adoption of interior and exterior designing in the residential and commercial buildings, research and development in the construction activities, and addition of amenities with the buildings in order to provide a better solution to the consumers. These factors aid in boosting the consumption of polymer-modified cementitious mortar. In interior situations, the product is ideal for fixing tiles and natural stones. Similarly, in the exterior situation, the cementitious mortar is highly used in vitrified tiles, external cladding, glass mosaics, and swimming pools. Hence, increasing product demand coupled with rapid growth in the construction industry will fuel the polymer-modified cementitious mortar market growth during the forecast timeline. 

However, the high demand for polymer-modified cementitious mortars causes a lack of availability. This restricts its adoption in various applications and is anticipated to hamper the market growth.

Key Market Driver -

The rapid growth in construction industry to drive the market growth.

Key Market Restraint -

Unavailability of polymer-modified cementitious mortar to hamper the market growth

Market Segmentation:

Based on type, the polymer-modified cementitious mortar market is segmented into homo complex, copolymer, and others. Based on application, the market is segmented into manual, spraying, pouring, and others. Based on end-use, the market is segmented into residential buildings, commercial buildings, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.  

Key Players Covered:

The key players in the polymer-modified cementitious mortar market include Civil site visit, Ronacrete, Evercrete INDIA, Cemek India, MCON RASAYAN PVT. LTD., Sika Kimia Sdn. Bhd., Aquaproof & Anchoring Systems, Fosroc, The QUIKRETE Companies, Steuler Industrial Solution (India) Private Limited., and SpecChem, LLC.

Key Insights

  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis

Regional Analysis:

Asia Pacific is anticipated to witness sustainable growth in the polymer-modified cementitious mortar market. The growth is attributed to the adoption of the product in the pouring application. Further, the rapid growth in the construction industry will also aid to fuel the market growth in this region. The rising adoption of the cementitious mortar in commercial buildings such as schools, offices, and college buildings will fuel the market growth in Europe, in which UK and Germany are the leading contributors. In North America, the growth is due to rising demand for the product in the residential buildings. The Middle East & Africa is anticipated to witness significant growth, owing to rising product utilization in the manual and spraying applications.

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By Type

  • Homo Complex

  • Copolymer

  • Others

By Application

  • Manual

  • Spraying

  • Pouring

  • Others

By End-Use

  • Residential Buildings

  • Commercial Buildings

  • Others

By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

  • Ongoing
  • 2022
  • 2019-2021


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